Press release - Anniversary of coordinated auctions in South East Europe

BEČIĆI, 8/12/2015

Anniversary of coordinated auctions in South East Europe welcomed high level representatives from shareholding companies – SEE Transmission System Operators, Energy Community Secretariat, International Financial Institutions which have had supported the project and the Ministry of Economy of Montenegro. Anniversary organised by Coordinated Auction Office in South East Europe took place in Hotel Splendid, Bečići, Montenegro on December 08th 2015

After welcome speech and the presentation of company's accomplishments by SEE CAO's Executive Director Mr Aleksandar Mijušković, Chairman of SEE CAO's Board of Directors Mr Damjan Međimorec has addressed the guests followed by the speeches of Mr Janez Kopač, Director of the Energy Community, Minister of Economy of Montenegro Mr Vladimir Kavarić and President of the Energy Community Regulatory Board Mr Branislav Prelević

The aim of the event was to mark a year of successful operational start of the SEE CAO, when the first yearly auctions for 2015 were launched in November 2014. In the first successful year, SEE CAO comprised the borders between Croatia, Bosnia and Herzegovina, Montenegro, Albania, Greece and Turkey, which highlighted in Yearly Auctions for 2016 when all transmission capacities from Croatia to Turkey were allocated by SEE CAO as one-stop-shop following the requirements of the Regulation (EC) 714/2009. Therefore, SEE CAO has been authenticated as compulsory point for energy trading in SEE and has proven its pivotal role in open and competitive energy market in the region. 

The official part was followed by the cocktail and the gala dinner where SEE CAO has shown its gratefulness to company’s owners, supporters, donators, providers and esteemed colleagues. Moments from the anniversary as well as promotion material can be found below:

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